Park View FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Park View FCU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 2 | $75K | $38K | 25.0% |
| 532111 | Passenger Car Rental | 2 | $490K | $245K | 25.0% |
| 113310 | Logging | 2 | $210K | $105K | 25.0% |
| 561710 | Exterminating and Pest Control Services | 1 | $100K | $100K | 12.5% |
Geographic Distribution
SBA lending activity for Park View FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Virginia (VA) | 8 | $1.1M | 100.0% |
Why Choose Park View FCU?
Based on SBA 7(a) lending track record from 2011-2021
- ✓Proven Track Record: 8 SBA loans approved, totaling $1.1M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Passenger Car Rental, Logging
- ✓Competitive Terms: Average interest rate of 6.95% with flexible term lengths averaging 90 months
- ✓Loan Range: Loan sizes from $25K to $350K, with an average of $141K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in VA
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Park View FCU SBA lending
What types of businesses does Park View FCU typically finance?
Park View FCU specializes in SBA 7(a) lending to specific industries including limited-service restaurants, passenger car rental, logging, exterminating and pest control services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Park View FCU's typical SBA loan terms?
Park View FCU's SBA 7(a) loans typically feature an average interest rate of 6.95% and average term length of 90 months (approximately 8 years). Loan sizes range from $25K to $350K, with an average loan size of $141K.
Do I need a business valuation for a Park View FCU SBA loan?
Yes, Park View FCU typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Park View FCU compare to other SBA lenders?
Park View FCU has originated 8 SBA loans totaling $1.1M since 2011. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Park View FCU lend in?
Park View FCU provides SBA 7(a) financing with particularly strong presence in VA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.